Graphs, Project Management

Graphs

The purpose of graphs is to organise, summarise and display data. The different types of graphs are line graphs, bar graphs, and circle graphs. The steps involved in preparing graphs are:

1.  Define events and data: Just like the cheek sheet it is important to determine the information that will be addressed in the graph.

2.  Design the graph: Considering the data and the audience of the graph choose the type of graph to be used.

3.  Collect data if this has not been done: A check sheet will help in this step. Data may be collected incrementally and cumulatively over time.

4.  Enter data: Prepare the graph by entering data.

Project financial information can be reported using a line graph. The line graph in figure shows how project expenditures are progressing over time in relation to the project budget.

1141_line graph.png

Figure : Line Graph

A bar graph displays data as vertical or horizontal bars. It shows data over time or data at a single point in time. Figure shows a bar graph that displays project budget and expense data by quarter for a twelve month period.

703_bar graph.png

Figure : Bar graph

A circle graph or Pie chart is also known as pie chart is used for displaying data  when  the  data  elements  and  the  whole  are  more  important  than showing data over time. Figure 4.4 shows employees in an Organisation according to education level.

82_pie chart.png

Figure : Pie Chart

Posted Date: 9/28/2012 6:51:52 AM | Location : United States







Related Discussions:- Graphs, Assignment Help, Ask Question on Graphs, Get Answer, Expert's Help, Graphs Discussions

Write discussion on Graphs
Your posts are moderated
Related Questions
What do you mean by Line Balancing in management? Line Balancing: It means balancing the line among the product lines or assembly lines. This aims at grouping assists an

DG Company has made a significant investment in a project to develop a new client management IT system, which when implemented should help give the company a competitive edge.  How

Question 1: What do you mean by crash duration? Explain the Time-Cost Optimization algorithm crash duration/crash time - explanation including figures  Steps of Time-C

What is the important role of planning in the management? Planning: Planning can be described as deciding in advance regarding the goals to be pursued through the enterpris

Factors of Quality The implications here are that quality is to be viewed in its totality and not restricted only to the quality of production or products or some aspects


Probelm 1: a) Elaborate on the Verma;K(1996) model for effective human resource management and explain its importance in managing projects. b) According to the Verma; K(1996

Question: (a) The purpose of Project Monitoring and Control is to evaluate and provide an understanding of the evolution and progress of a project. This enables measurement of

It is essential that you study the list below to ensure that you understand the terminology used in assignment and examination questions. The successful outcome of your assessment

Greeting, Do you use Microsoft Project Management software for project management assignments if needed